Silverfin false 31/05/2023 01/06/2022 31/05/2023 Mr W H F Fox 16/08/2003 20 February 2024 The principal activity of the Company during the financial year was that of tree surgeons. 04436765 2023-05-31 04436765 bus:Director1 2023-05-31 04436765 2022-05-31 04436765 core:CurrentFinancialInstruments 2023-05-31 04436765 core:CurrentFinancialInstruments 2022-05-31 04436765 core:Non-currentFinancialInstruments 2023-05-31 04436765 core:Non-currentFinancialInstruments 2022-05-31 04436765 core:ShareCapital 2023-05-31 04436765 core:ShareCapital 2022-05-31 04436765 core:RetainedEarningsAccumulatedLosses 2023-05-31 04436765 core:RetainedEarningsAccumulatedLosses 2022-05-31 04436765 core:PlantMachinery 2022-05-31 04436765 core:Vehicles 2022-05-31 04436765 core:OfficeEquipment 2022-05-31 04436765 core:PlantMachinery 2023-05-31 04436765 core:Vehicles 2023-05-31 04436765 core:OfficeEquipment 2023-05-31 04436765 core:CurrentFinancialInstruments 9 2023-05-31 04436765 core:CurrentFinancialInstruments 9 2022-05-31 04436765 2022-06-01 2023-05-31 04436765 bus:FullAccounts 2022-06-01 2023-05-31 04436765 bus:SmallEntities 2022-06-01 2023-05-31 04436765 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 04436765 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 04436765 bus:Director1 2022-06-01 2023-05-31 04436765 core:PlantMachinery 2022-06-01 2023-05-31 04436765 core:Vehicles 2022-06-01 2023-05-31 04436765 core:OfficeEquipment core:TopRangeValue 2022-06-01 2023-05-31 04436765 2021-06-01 2022-05-31 04436765 core:OfficeEquipment 2022-06-01 2023-05-31 04436765 core:Non-currentFinancialInstruments 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure

Company No: 04436765 (England and Wales)

BRENDON HILL TREE SERVICES LTD

Unaudited Financial Statements
For the financial year ended 31 May 2023
Pages for filing with the registrar

BRENDON HILL TREE SERVICES LTD

Unaudited Financial Statements

For the financial year ended 31 May 2023

Contents

BRENDON HILL TREE SERVICES LTD

BALANCE SHEET

As at 31 May 2023
BRENDON HILL TREE SERVICES LTD

BALANCE SHEET (continued)

As at 31 May 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 360,904 364,146
360,904 364,146
Current assets
Stocks 4 7,670 9,300
Debtors 5 81,898 59,920
Cash at bank and in hand 75,387 80,334
164,955 149,554
Creditors: amounts falling due within one year 6 ( 116,591) ( 135,253)
Net current assets 48,364 14,301
Total assets less current liabilities 409,268 378,447
Creditors: amounts falling due after more than one year 7 ( 109,314) ( 123,650)
Provision for liabilities ( 93,502) ( 71,318)
Net assets 206,452 183,479
Capital and reserves
Called-up share capital 600 600
Profit and loss account 205,852 182,879
Total shareholders' funds 206,452 183,479

For the financial year ending 31 May 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Brendon Hill Tree Services Ltd (registered number: 04436765) were approved and authorised for issue by the Director on 20 February 2024. They were signed on its behalf by:

Mr W H F Fox
Director
BRENDON HILL TREE SERVICES LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2023
BRENDON HILL TREE SERVICES LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Brendon Hill Tree Services Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Leanne House, 6 Avon Close, Weymouth, DT4 9UX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery 15 % reducing balance
Vehicles 25 % reducing balance
Office equipment 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 3 2

3. Tangible assets

Plant and machinery Vehicles Office equipment Total
£ £ £ £
Cost
At 01 June 2022 793,617 49,901 1,704 845,222
Additions 58,542 11,300 0 69,842
Disposals ( 30,500) 0 0 ( 30,500)
At 31 May 2023 821,659 61,201 1,704 884,564
Accumulated depreciation
At 01 June 2022 471,046 8,810 1,220 481,076
Charge for the financial year 52,843 11,527 145 64,515
Disposals ( 21,931) 0 0 ( 21,931)
At 31 May 2023 501,958 20,337 1,365 523,660
Net book value
At 31 May 2023 319,701 40,864 339 360,904
At 31 May 2022 322,571 41,091 484 364,146

4. Stocks

2023 2022
£ £
Stocks 3,500 9,000
Work in progress 4,170 300
7,670 9,300

5. Debtors

2023 2022
£ £
Trade debtors 54,350 28,956
S455 6,012 1,322
Other debtors 21,536 29,642
81,898 59,920

6. Creditors: amounts falling due within one year

2023 2022
£ £
Bank loans 10,000 10,000
Trade creditors 27,993 49,313
Taxation and social security 36,319 36,344
Obligations under finance leases and hire purchase contracts 28,087 26,653
Other creditors 14,192 12,943
116,591 135,253

7. Creditors: amounts falling due after more than one year

2023 2022
£ £
Bank loans 25,833 35,833
Obligations under finance leases and hire purchase contracts 63,481 67,817
Other creditors 20,000 20,000
109,314 123,650

There are no amounts included above in respect of which any security has been given by the small entity.

8. Financial commitments

Commitments

Capital commitments are as follows:

2023 2022
£ £
Contracted for but not provided for:
Other 20,000 36,000

9. Related party transactions

The Directors loan account is repayable on demand and interest is charged on overdrawn balances exceeding £10,000 at the official HMRC rates.

At 1 June 2022, the balance owed by the director was £3,917. During the year, £77,935 was advanced to the director, and £64,038 was repaid by the director. At 31 May 2023, the balance owed by the director was £17,814.

At 1 June 2021, the balance owed to the director was £2,218. During the year, £68,761 was advanced to the director, and £62,626 was repaid by the director. At 31 May 2022, the balance owed by the director was £3,917.